Report
MarketLine Department
EUR 299.01 For Business Accounts Only

Pharmaceuticals in Australia

Summary

Pharmaceuticals in Australia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The pharmaceuticals market consists of ethical drugs only and does not include consumer healthcare or animal healthcare.
- The Australian pharmaceuticals market had total revenues of $12,080.0m in 2019, representing a compound annual growth rate (CAGR) of 7% between 2015 and 2019.
- Australian healthcare is based on the Australian Pharmaceutical benefit scheme, which enables patients to buy a wide range of prescription drugs at a subsidized price. This has been expanded in recent years to include more medicines.
- The Australian pharmaceutical market has been in recovery since the decline posted in 2017 and the focus of the Australian government in the past three years has been on pricing reform.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the pharmaceuticals market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the pharmaceuticals market in Australia
- Leading company profiles reveal details of key pharmaceuticals market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia pharmaceuticals market with five year forecasts

Reasons to Buy

- What was the size of the Australia pharmaceuticals market by value in 2019?
- What will be the size of the Australia pharmaceuticals market in 2024?
- What factors are affecting the strength of competition in the Australia pharmaceuticals market?
- How has the market performed over the last five years?
- Who are the top competitiors in Australia's pharmaceuticals market?
Provider
MarketLine
MarketLine

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MarketLine Department

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